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ExxonMobil engages UG students on geology of South American Basin

OilNOW -
At a two-day workshop on South America Basin Analysis and Hydrocarbon Systems for University of Guyana Geology students, ExxonMobil geo scientists delved into details of its exploration work exposing the students to the possible careers that they can aspire...
News

600 Guyanese companies working in oil and gas – CLBD

OilNOW -
Guyanese companies working in the South American country’s emerging oil and gas industry face a race against time to bring themselves up to the required industry standards and the Centre for Local Business Development (CLBD) is supporting such entities...
News

Petroleum negotiators association set to launch in Guyana

OilNOW -
The Association of International Petroleum Negotiators (AIPN) - an independent not-for-profit professional membership association that supports international energy negotiators around the world – will launch on Tuesday November 19, 2019 in Georgetown, Guyana. As one of its main objectives, AIPN...
News

Exxon to divest $15 billion in assets by 2021 as development of Guyana oil fields progress

OilNOW -
US oil major ExxonMobil is among several global giants in the oil and gas industry looking to sell assets that could fetch a total of $27.5 billion according to Rystad Energy’s latest assessment. The plans by Exxon to divest...
News

Over 600 delegates, 200 companies onboard for Guyana’s largest oil conference & exhibition

OilNOW -
All systems are in place for staging of the second Guyana International Petroleum Exhibition (GIPEX) and summit set to open on Wednesday at the Marriott Hotel in Georgetown. Shariq AbdulHai, Managing Director of Valiant Business Media, the company organising the...
News

AMCHAM, JHI set to discuss how Guyana arrived at first oil at pre GIPEX event

OilNOW -
The American Chamber of Commerce Guyana (AmCham) and JHI Associates Inc. are set to stage a discussion on how Guyana arrived at first oil, slated for Tuesday ahead of the opening of the country’s largest petroleum exhibition and conference...
News

ExxonMobil briefs City Council on Guyana offshore operations

OilNOW -
As first oil from the giant Liza field offshore Guyana draws near, ExxonMobil – operator in the 6.6 million acres Stabroek block - updated officials of the Georgetown Mayor and City Council on the company’s operations in the South...
News

Price tag for Brazil oil blocks was too high – Petrobras CEO

OilNOW -
Brazil’s largest-ever auction of oil deposits conducted just over a week ago was a total flop and CEO of state-controlled Petroleo Brasileiro SA says that the astronomic price tag and regulatory uncertainties are to blame. World Oil reported that Petrobras...
News

Oil development data could help fuel Guyana eco-tourism

OilNOW -
A wealth of data collected during the Environmental Impact Assessment (EIA) study for ExxonMobil’s third proposed offshore development in Guyana could help boost the South American country’s reputation as a prime bird-watching destination. Recently, OilNOW published an article that spoke...
Opinions

Oil fund management for Guyana

OilNOW -
Central to any revenue management law is the set of rules and basic principles governing the management of the oil fund. Good governance, professional management, and broad oversight can go a long way in protecting the value of oil...
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Letter-to-the-Editor: I commend the Labour Ministry’s independent assessment of FPSOs

Dear Editor, I am pleased to acknowledge the strides made by local authorities in taking the lead in managing Guyana’s...

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